Marvipol Development Balance Sheet

Financials in millions PLN. Fiscal year is January - December.

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	312.62	271.2	257.99	286.72	168.29	218.18
Cash & Short-Term Investments	312.62	271.2	257.99	286.72	168.29	218.18
Cash Growth	40.61%	5.12%	-10.02%	70.37%	-22.87%	14.38%
Accounts Receivable	17.26	14.79	46.24	20.61	37.42	48.36
Other Receivables	0.04	0.04	0.16	2.68	3.69	1.02
Total Trade Receivables	17.3	14.82	46.4	23.29	41.11	49.38
Restricted Cash	26.67	32.09	70.16	47.18	35.68	35.21
Inventory	918.53	887.4	977.02	812.33	768.2	1,008
Other Current Assets	-	-	-	-	-	9.48
Total Current Assets	1,248	1,173	1,281	1,122	977.6	1,276
Net Property, Plant & Equipment	118.09	120.6	126.88	128.52	129.53	140.63
Other Intangible Assets	0.17	0.23	0.29	0.16	0.25	0.09
Long-Term Investments	120.62	120.42	145.02	185.95	247.18	102.58
Other Long-Term Assets	31.25	31.13	29.95	24.27	22.8	21.12
Total Assets	1,519	1,446	1,584	1,461	1,377	1,550
Accounts Payable	31.1	42.73	48.53	39.48	45.98	58.34
Current Portion of Long-Term Debt	29.36	20.82	69.86	116.75	19.05	73.28
Current Portion of Leases	11.14	8.48	10.99	11.35	12.44	21.82
Unearned Revenue	146.63	88.18	266.58	215.15	230.59	477.3
Other Current Liabilities	2.79	7.78	0.46	2.08	2.61	10.29
Total Current Liabilities	221.02	167.98	396.42	384.81	310.66	641.03
Long-Term Debt	488.86	456.16	378.97	261.73	306.93	254.85
Long-Term Leases	61.23	65.95	70.49	72.62	76.89	17.28
Other Long-Term Liabilities	21.09	24.58	39.71	31.68	27.76	23.94
Total Long-Term Liabilities	571.18	546.68	489.17	366.04	411.58	296.07
Total Liabilities	792.19	714.67	885.59	750.85	722.25	937.1
Common Stock	41.65	41.65	41.65	41.65	41.65	41.65
Treasury Stock	-0	-0	-	-	-	-
Additional Paid-in Capital	631.31	631.31	624.58	613.46	523.56	475.03
Accumulated Other Comprehensive Income	-	-	-	-	-	0.33
Retained Earnings	53.42	58.17	31.72	55.28	89.9	95.67
Shareholders' Equity	726.38	731.13	697.96	710.39	655.11	612.69
Total Liabilities & Equity	1,519	1,446	1,584	1,461	1,377	1,550
Total Debt	590.58	551.41	530.31	462.45	415.31	367.24
Net Cash (Debt)	-277.96	-280.21	-272.32	-175.73	-247.02	-149.06
Net Cash Per Share	-6.67	-6.73	-6.54	-4.22	-5.93	-3.58
Book Value	726.38	731.13	697.96	710.39	655.11	612.69
Book Value Per Share	17.44	17.55	16.76	17.05	15.73	14.71
Tangible Book Value	726.21	730.9	697.67	710.23	654.86	612.6
Tangible Book Value Per Share	17.43	17.55	16.75	17.05	15.72	14.71